Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$39.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

114
Posts
17
Votes
Carlos Scarpero
Lender
  • Lender
  • Dayton, OH
17
Votes |
114
Posts

Getting a private mortgage from a borrower perspective.....what's in it for them?

Carlos Scarpero
Lender
  • Lender
  • Dayton, OH
Posted

Studying this whole note world and I'm curious....

From a borrower perspective, what advantage do they have going with a private lender vs going through a mortgage company/broker?

Is it more because of a borrower not qualifying traditionally, property not qualifying, or they can get a better deal going private?

I would love some examples if possible.

  • Lender Virginia (#1674385), Arizona (#1674385), Tennessee (#1674385), Alabama (#1674385), Florida (#1674385), Texas (#1674385), Indiana (#1674385), Kentucky (#1674385), and Ohio (#1674385)

Home Loans by Carlos Scarpero, Powered by Edge Home Finance, NMLS #1674385 Logo

Loading replies...